Actually the number is closer to 10%. Not of households receiving stimulus, but of the 1.9 T going out as stimulus payments.
Judd, assuming your "worst case scenario" numbers:
Stimulus 1,900,000,000,000 (1.9 T written out)
Payments 92,149,120,000 (65,820,800 households X $1,400)
Percent of the 0.048%
Receiving payments
Assuming a "best case scenario" and we double that
0.096%
My .02
BTW, I got my stimulus of $4,200. Me, my wife and a college-aged grandson. $1,400 X3.
Judd, assuming your "worst case scenario" numbers:
Stimulus 1,900,000,000,000 (1.9 T written out)
Payments 92,149,120,000 (65,820,800 households X $1,400)
Percent of the 0.048%
Receiving payments
Assuming a "best case scenario" and we double that
0.096%
My .02
BTW, I got my stimulus of $4,200. Me, my wife and a college-aged grandson. $1,400 X3.
On 3/20/2021 10:19, judd wrote:
The numbers are easy folks...$1.9 trillion X 3% divided by $1,400 per person would mean only 40,714,286 people would be getting the $1,400 dollar stimulus check...less than 41 million people.
Google "how many households in us make over 150k" and the first hit is a bar graph from www.statista.com that shows 81.4% of US households make less than $150,000 a year. But the stimulus cuts-off for individuals making over $75,000 per year. So lets assume every household is an individual just to worse-case this. Then the www.statista.com that shows 53.6% of US households make less than $75,000 a year
Google "how many households in us" and you get 122.8 million per the Census Bureau.
53.6% X 122.8 million is 65,820,800 households, almost 66 million households, And with at least 1 person per households that means easily 60% more people will be getting the stimulus than the 3% cited.
Curtis, your source is way off. Could you please cite a source for your claim?
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